Vipshop releases 2023 ESG report

Vipshop has released its 2022 Environment, Social, and Governance, ESG, Report. The Company pledges to achieve carbon neutrality in its own operations and a 50% reduction in Scope 3 carbon emission intensity, no later than 2030. In 2022, Vipshop established a three-tiered governance structure that includes its Board of Directors, an ESG Committee, and an ESG Task Force, according to the report. The Company’s ESG strategy, dubbed “co-creation of a new sustainable life,” emphasizes five areas: new sustainable choices, happy consumption, proactive inclusivity, beautiful society, dependable compliance.